31% of companies are not paying tax in Australia. How do they do it?
- Written by Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology
Large companies paid the Australian government a record A$100 billion in tax in the last year, a 17% increase on the previous year. But, over the same period, there were still 31% of large companies, operating here but not paying any tax.
The Australian Taxation Office’s annual corporate tax transparency report released...